Economic News Category

August 12, 2021
EUR/USD: Rebound needs validation from 1.1770

EUR/USD: Rebound needs validation from 1.1770 Generally, EUR/USD is moving downwards. As of late, EUR/USD fortified get-together’s arrival of the U.S. CPI information that connotes a stoppage in inflation. The EUR/USD pair holds its unobtrusive intraday gains heading into the Asian opening, however, its bullish potential is restricted. The 4-hour outline shows that the cost

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August 11, 2021
EUR/USD: 1.1700 challenges bears amid oversold RSI

EUR/USD: 1.1700 challenges bears amid oversold RSI Right now, EUR/USD is dropping down towards the critical resistance of 1.17. Its next support zone is at 1.16300 and the following resistance zone is at 1.18200. Search for momentary selling chances of EUR/USD on the off chance that it breaks beneath the critical resistance of 1.17. The

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August 10, 2021
EUR/USD: Bearish momentum intact below 1.1750

EUR/USD: Bearish momentum intact below 1.1750 EUR/USD‘s next support zone is at 1.16300 and the following resistance zone is at 1.18200. Search for selling chances of EUR/USD. Trading around its Monday’s low, the EUR/USD pair is negative in the close term, and ready to test March month to month low at 1.1703. In the 4-hour

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August 9, 2021
EUR/USD: Bears battle four-month-old support near 1.1750

EUR/USD: Bears battle four-month-old support near 1.1750 The EUR/USD pair is negative, as per the day-by-day graph. It has sped up its droop in the wake of breaking under a now negative 20 SMA, while the more drawn out ones stay far over the current levels. Specialized pointers crossed their midlines into a negative domain,

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August 6, 2021
EUR/USD: Teases 21-DMA support inside a falling channel

EUR/USD: Teases 21-DMA support inside a falling channel Generally, EUR/USD is running across. The EUR/USD pair is in danger of falling further, as per intraday specialized readings. The 4-hour graph shows that specialized pointers stay aimless inside bad levels. Simultaneously, the pair is exchanging between aimless 100 and 200 SMAs, while under a negative 20

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